Graphjet to benefit from $16.5B Tesla, Samsung AI chip deal with graphite production in Nevada

Tesla's $16.5 billion AI chip deal with Samsung is set to benefit domestic suppliers like Graphjet Technology, a producer of graphene and graphite. Graphjet's planned facility in Nevada will convert 30,000 metric tons of agricultural waste into graphite annually, enough to power over 100,000 electric vehicles. The deal will boost US semiconductor manufacturing and provide opportunities for Graphjet, as graphite and graphene are crucial in semiconductor manufacturing.

The semiconductor industry is experiencing a significant boost with Tesla's recent $16.5 billion agreement with Samsung to manufacture AI6 inference chips. This deal, set to last until 2033, will see Samsung's Texas fabrication plant dedicated to producing chips for humanoid robots, self-driving cars, and AI data centers [1].

Graphjet Technology (GTI), a producer of graphene and graphite, stands to benefit from this expansion. The company's CEO, Chris Lai, stated that the growth in the semiconductor industry in the United States is timely for their planned expansion to build a production plant in Nevada. This facility is expected to convert 30,000 metric tons of agricultural waste into graphite annually, enough to power over 100,000 electric vehicles [2].

Graphjet's technology, which includes the world's first patented method to recycle palm kernel shells into single-layer graphene and artificial graphite, aligns well with the growing demand for specialized chips. The company's strategic alignment with major industry players like Samsung and Tesla is likely to drive long-term growth and stability [3].

The deal has already had a positive impact on Graphjet's stock. On July 28, 2025, GTI stock surged 48.48% in pre-market trading, driven by the significant developments in the semiconductor industry [2]. The company has also received an extension to meet Nasdaq listing requirements, further solidifying its position in the market.

As the semiconductor industry continues to grow, particularly in the production of AI chips, Graphjet Technology is well-positioned to benefit from the increased demand for its products. The company's ability to convert agricultural waste into valuable graphite makes it a sustainable and innovative player in the industry.

References:
[1] https://finance.yahoo.com/news/samsung-tesla-collaboration-benefit-graphjet-125300096.html
[2] https://www.ainvest.com/news/graphjet-soars-48-48-tesla-samsung-ai-chip-partnership-2507/
[3] https://stocktwits.com/news-articles/markets/equity/graphjet-ceo-says-company-expects-to-benefit-from-16.5-billion-tesla-samsung-deal/choes4fR5x3